How The Blob Saves Ethereum — EIP-4844’s Rollup Rodeo | by Ray Buckton | Sep, 2023 | Medium
She mistook me saying “sharding” for “sharting,” and I lost a year’s worth of concept legitimization. Needless to say, “proto-dank sharding” had her rolling with laughter. Anyways, EIP-4484. Let’s start with the TL;DR version. EIP-4484 creates “blobs” that attach to Ethereum’s existing blocks. These blobs are purpose-built for Layer 2 rollups and give them some guaranteed, predetermined place to store their data that eventually ends up on Ethereum. These little tag-along blobs are automatically deleted after 30–90 days, making rollups much less expensive. We end up with a bottom-up, market-driven approach to scaling Ethereum. Cool! Ethereum doesn’t scale well. It goes back to the ol’ Blockchain Trilemma, in which blockchain is posited to have three features: speed, security, and decentralization. You get to pick two out of three to scale. This trilemma is why blockchain technology hasn’t seen wider adoption. Secure and fast? You just reinvented Visa. Secure and decentralized? Takes for
How The Blob Saves Ethereum — EIP-4844’s Rollup Rodeo Ray Buckton 6 min read · Sep 29, 2023 -- Listen Share My wife was just starting to take Ethereum seriously when I told her about scaling. She mistook me saying “sharding” for “sharting,” and I lost a year’s worth of concept legitimization. Needless to say, “proto-dank sharding” had her rolling with laughter. Anyways, EIP-4484 . Let’s start with the TL;DR version. TL;DR EIP-4484 creates “blobs” that attach to Ethereum’s existing blocks. These blobs are purpose-built for Layer 2 rollups and give them some guaranteed, predetermined place to st
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